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| Price $3,000,000 | Built/Renov 2009 | Tenant Zaxby's |
| Cap Rate 6.25% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
3,301
| Lease Start
05-26-2022
| #Units
19
|
| Price/SF $908.82 | Expiration
05-31-2042
| Tenant Type Fast Casual/Rest. |
| NOI $187,500 | R. Term 17.8 | Ownership Fee Simple |
| Rent/SF
$56.80
| Increases 2.0%/4/yrs | Pop 5Mi 81,699 |
| Lot/AC 0.91 | Options 4/5yrs/2% | AHHI 5Mi $57,062 |
| | |
Zaxby's is strategically located on Allison Bonnett Memorial Drive, with access to 25,390 vehicles passing by daily. The property is adjacent to prominent national tenants such as ALDI, Walgreens, Burger King, McDonald's, Arby's, and more. Its prime location near Interstate 20 and close to downtown Birmingham enhances its accessibility. Additionally, the site is situated between the University...
...Dense retail corridor
Near major nationals
Strategically located
Freeway close
Strong tenant synergy
Top 100 MSA
Long 15+ yr lease
Absolute NNN
Annual rent increases
Personal guarantee
Inver Grove Heights, MN
Cap Rate 5.50%
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Size/SF 2,325
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Dickson, TN
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Aurora, CO
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Barstow, CA
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Key West, FL
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Lubbock, TX
Cap Rate 5.50%
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Reading, PA
Cap Rate 5.50%
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Evergreen Park, IL
Cap Rate 5.90%
Lease NN+
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Snellville, GA
Cap Rate 5.41%
Lease Abs NNN
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Size/SF 3,332
Laurinburg, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.60 yrs
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Mishawaka, IN
Cap Rate 5.55%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 2,350
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
